Bytecoin is an open-sourced, private and untraceable cryptocurrency that was started in 2012.

Bytecoin is the first coin that implemented CryptoNote technology as a default aspect to build a project. Launched in 2012, Bytecoin was widely spread in the Dark Net as one of the popular available methods for payment. The main thing that separates Bytecoin from most of the other coins is total anonymity - as soon as your transaction appears on a blockchain, your address can’t be viewed by anyone.

Bytecoin has shown a huge growth potential in all of its indexes. Since December 2016 the price per coin has increased by 171 times and made over 17000% from growth to the early investors. During the project’s lifetime the amount of users has increased significantly. As of the beginning of December 2017 we have more than 20,000 loyal users (contributors, community enthusiasts, developers, broadcasters, etc.), so Bytecoin’s community is staying as one of the most talented and active ones. Today’s blockchain statistics are also spreading the word that Bytecoin is heading towards mainstream adoption - almost 1,500,000 transactions have been made according to Bytecoin’s blockchain.

Bytecoin is the forefather of all of the anonymous cryptocurrencies based on CryptoNote technology. Here’s a list of the tech features and specifications Bytecoin has:

Ring Signatures

A Ring signature is a special type of digital signature that can be created by someone from a group of users, but it is unknown who exactly the signer is. Imagine a letter that is signed by a group of 10 people. You know that one of them signed the letter, but there’s no way to identify who it actually was (you may only guess). This introduces the untraceability property, which means that for any Bytecoin payment there is a number of equal probable senders.

Unlinkable Transactions

Unlinkable transactions make the Bytecoin blockchain resistant to being scanned, which means it’s possible to see the details of a user’s transaction, but no one will know the sender or the recipient.

Stealth Addresses

With stealth addresses it’s not possible to know the sender and the recipient because of the outputs associated with certain addresses, moreover, it’s impossible to know who belongs to a certain output.

The complexity of the features above makes Bytecoin absolutely unique. Moreover, Bytecoin’s Development Team has some ideas for the potential improvement of Bytecoin to make it even more anonymous and reliable.

Is it profitable to invest in Bytecoin?

Investing in Bytecoin means: A. Investing in your anonymity, and B. Investing in a breakthrough technology. In fact, investing in Bytecoin seems to be one of the most profitable solutions in 2018 for one only obvious reason - today’s Bytecoin isn’t as widely spread as it is able to be, however, it has a huge potential. For now Bytecoin is only represented on 8 exchange platforms, while it is possible to be listed in additional markets, the price has to increase significantly in order to help this come about so that new traders will be able to buy Bytecoins. In this case, investing in Bytecoin today will double your USD deposits by at least twice towards the end of 2018. Moreover, in December 2017 99,5% coins have been mined, which means the emission has to end soon (in about a year), which will definitely lead (according to the economical model) to a slight and stable price growth.

Where can I buy Bytecoins?

Here’s a list of the exchange platforms to trade BCN with different cryptocurrencies:

There are several options on places to store your coins, starting from the exchange platforms which have inner wallets like Poloniex, HitBTC, and Cryptonator. However, the most secure way to store your coins is to keep it in outside wallets. Here’s a list of wallet options to store your coins:

Choose the best option that is suitable for you and don’t feel shy to ask us for help when setting up your wallet. Please, understand that your wallet is a source where you store your funds. Take it seriously, use all the available protection methods (backups, mnemonics, 2FA, complicated passwords), but rely mostly on yourself and never forget your app credentials (keep them somewhere else except in your mind).

How to check the current status of the available services?

Here’s a telegram bot which is showing the real-time status of BCN supported services.

Are there any local communities presented in my native language?

Sure, Bytecoin is a cryptocurrency with supporters all over the world. Be the first one to hear news in your native language and meet other users in our community!

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Very simple...I'd like to create a fork that creates new wallet address that can differentiate between current wallets and the new version of wallets. Once the fork happens you will have 6 months to move your coins to the new wallet. The goal is to determine exactly many coins are in circulation. My bet is that very large amounts of pre mine coins will not get transferred. Even if they do, knowing the exact number of truly circulating currency will fix its value.

Gifts are a quintessential part of the holiday season, and an overwhelmingly popular way of exchanging gifts is to play Secret Santa. Out of all the different holiday games out there, though, do you wonder why we decided to arrange Secret Santa? It’s a classic that’s often played at work holiday parties and family gatherings, where there are enough people to make the game interesting. But as with most cultural traditions, Secret Santa has a fascinating aspect to gather people together and make them have a lot of fun!

To express gratitude towards our dearest community we set up the digital version of Secret Santa. Even our CEO Claude Lecomte will take part in this holiday amusement. Furthermore, you’ll find out another pleasant surprise at end of the event, as well.

Bytecoin (BCN) is a next generation completely anonymous cryptocurrency launched July 4, 2012, making it the first Cryptonote currency of its kind. Bytecoin is unlike any other cryptocurrency as it allows anonymity by using Ring Signatures to hide wallet balances and transactions, making any transaction you make effectively unlinkable. Your privacy is secured when you use Bytecoin. More information on the Cryptonote protocol can be found on the Cryptonote whitepaper.